1031 TIC Exchange Service Provider Feedback Project

[Update]: We've recently launched a directory site www.1031reviews.com that provides a more comprehensive list of 1031 registered reps, QIDs, and sponsors by state and city.  We're also adding reviews and ratings, so you can vet folks before working with them.

In choosing which 1031 firm to work with, there's nothing more valuable than feedback from a prior investor.  I get emails from readers all the time asking my opinion on specific 1031 firms.

To address this need, I was considering creating an "Epinions" (link) site to rate 1031 exchange service providers: 1031 tenants in common syndicators, 1031 exchange intermediaries, 1031 qualified intermediaries, etc.  Before investing the cash to develop such a site, I wanted to get feedback from readers to make sure people would find it valuable and would contribute their feedback to the site. If you would like me to invest in such a site, please either post a comment, or email me at http://www.the1031ticexchange.com. 

1031 TIC Exchange

Comments

[Ileta Bray]

I own a few single family rental properties in Topeka, Kansas which are valued at $20,000-40,000 each. I am interested in doing a 721 exchange and do not know who to contact. Can you help?

Thanks,
Ileta

[Dave]

I think an Epinions review of the services mentioned above would be extremely valuable! I have a property for sale now (in San Jose, CA) that I plan to use 121 and 1031 on. I don't trust my ability to identify an individual property in 45 days, so am very interested in the TIC option. Any light shed on that industry would be a blessing for many I think.

Thanks, Dave

[Josh Slaybaugh]

How do I get added to your list as a provider of 1031 exchange replacement properties (including TICs)?

[William]

There are a number of tax-deferral and tax-exclusion strategies available, including Sections 1031, 1033, 721 and 121. The TIC investment option has now provided investors with another choice when structuring their 1031 exchange transaction. It is not for everyone, so the investor needs to consult with legal, tax and financial advisors before jumping in. Look before you leap. Here are some links that might be helpful:

The post above was discussing what to look for in a good TIC sponsor or syndicator, but you also must look for a good 1031 exchange qualified intermediary or accommodator.